Michigan Preferred Content License Agreement between AT&T Wireless Data, Inc. and Intelligent Information Inc.: Introduction: The Michigan Preferred Content License Agreement is a legally binding contract between AT&T Wireless Data, Inc. (referred to as "AT&T") and Intelligent Information Inc. (referred to as "Intelligent Information"), outlining the terms and conditions for licensing certain content within the state of Michigan. This agreement governs the use, distribution, and protection of content provided by Intelligent Information to AT&T Wireless Data. Key Terms and Definitions: 1. Content: Refers to the digital information, media, publications, or materials provided by Intelligent Information, including but not limited to texts, images, videos, software, applications, or any other intellectual property. 2. License: Grants AT&T Wireless Data the right to access, use, reproduce, distribute, and transmit the licensed content within Michigan, subject to the terms agreed upon. 3. Territory: The geographic area covered by this agreement, limited to the state of Michigan. Types of Michigan Preferred Content License Agreements: 1. Exclusive License: This type of agreement grants AT&T Wireless Data the exclusive rights to use and distribute the licensed content within Michigan. Intelligent Information may not grant similar content licenses to any other party operating within Michigan during the duration of this agreement. 2. Non-Exclusive License: In this type of agreement, AT&T Wireless Data is granted non-exclusive rights to use and distribute the licensed content within Michigan. Intelligent Information retains the freedom to license the same content to other parties within Michigan, subject to any limitations outlined in the agreement. Main Provisions: 1. Grant of License: Intelligent Information grants AT&T Wireless Data a license to use the licensed content within Michigan in accordance with the terms of the agreement. The scope of the license, including any restrictions, limitations, or permitted use cases, should be clearly defined. 2. Intellectual Property Rights: Intelligent Information confirms that it holds the necessary intellectual property rights or has obtained permission to license the content within Michigan. AT&T Wireless Data acknowledges and agrees to respect these rights and will not infringe upon them. 3. Payment Terms: The agreement should outline the financial terms, including any upfront fees, royalties, or revenue-sharing arrangements between the parties. The payment schedule, method, and currency should also be specified. 4. Compliance with Laws: Both parties commit to comply with all applicable laws, regulations, and industry standards governing the licensing, distribution, and usage of content within Michigan. 5. Term and Termination: The agreement should state the duration of the license, as well as any provisions for early termination, renewal, or modification. It should also define the circumstances under which either party can terminate the agreement. 6. Confidentiality: Both parties agree to maintain the confidentiality of any proprietary or confidential information shared during the course of the agreement, taking appropriate measures to safeguard such information. Conclusion: The Michigan Preferred Content License Agreement between AT&T Wireless Data, Inc. and Intelligent Information Inc. provides a legal framework for the licensing, usage, and distribution of content within the state of Michigan. By defining the terms and conditions, this agreement ensures a mutually beneficial partnership between the parties involved, allowing AT&T Wireless Data to offer quality content to its customers while protecting Intelligent Information's intellectual property rights.
Michigan Preferred Content License Agreement between AT&T Wireless Data, Inc. and Intelligent Information Inc.
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Data license agreements (DLA), or data use agreements (DUA) are documents that describe what kind of data is being shared with recipients. A DLA clearly states the purpose and duration of access being provided to the recipient, along with restrictions and security protocols that the recipient of the data must follow.
A straightforward licensing deal can be concluded within a few months if both parties are motivated and the intellectual property (IP) is not overly complex. However, more intricate deals, especially those involving multiple jurisdictions or cutting-edge technology, can take upwards of a year or more.
An example of a licensing agreement in the restaurant space would be when a McDonald's franchisee has a licensing agreement with the McDonald's Corporation that lets them use the company's branding and marketing materials.
Key Takeaways. A licensing agreement allows one party (the licensee) to use and/or earn revenue from the property of the owner (the licensor). Licensing agreements generate revenues, called royalties, earned by a company for allowing its copyrighted or patented material to be used by another company.
Most licensing agreements specify the duration of the license and specific monetary arrangement between two companies or individuals. Typically, after a specific date, a company's license to market a licensor's products expires, and the licensee cannot continue selling the licensor's products without permission.
or threeyear term is common. The word ?terminate? is generally used in two senses in a license agreement, both meaning the agreement ends. One sense is the natural end to the ?term? of the contract. A license agreement with a twoyear term will terminate two years after the effective date.
A licensing agreement is a legal contract between two parties, known as the licensor and the licensee. In a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark, or use patented technology owned by the licensor.
A content licensing agreement allows companies to repurpose or republish material through a legal contract. Often called a copyright license, it's a flexible solution for companies that wish to distribute previously published materials.